Judgment Search Results Home > Cases Phrase: finance act 2007 section 86 amendment of section 22d Page 1 of about 3,684 results (0.199 seconds)

Wens International Pvt. Ltd. and anr. Vs. Airport Authority of India a ...

Court : Delhi

..... with 10% compound escalation for the succeeding years. during the subsistence of the agreement w.e.f. 01.04.2004, parliament amended the finance act, 1994 and introduced clause (zzm) to section 65(105). this development sought to be bringing within its fold a taxable event i.e. services of certain clauses of services and functions ..... details as may be required by the petitioners.7. the division bench in hans enterprises (supra) also, in connection with the writ petition nos.545/2007 and 546/2007, which concerned parking service facilities in airports, directed as follows:the petitioners had entered into an agreement with the respondent aai for providing car parking facility/ ..... tax to airports authority w.e.f. 10.9.2004 along with arrears. the impugned letter reads as follows:not aac/com/666/service tax/264 february 14, 2007 to all concessionaires/commercial licensees, (as per list attached) w.p.(c) 2734/2012 page 2 nsc bose international airport, kolkata-52. subject: liability of service .....

Asstt. Cit, Rg. 4(1) Vs. Claridges Investments and

Court : Income Tax Appellate Tribunal ITAT Mumbai

..... rajesh kumar (supra).85. the learned counsel pointed out that the observations of the apex court have since been enshrined in the act by virtue of an amendment by finance act, 2007. sub-section (2a) of section 142 is now followed by a proviso:- "provided that the assessing officer shall not direct the assessee to get the accounts ..... of cse were also debarred by sebi from associating with securities market activities and dealing with securities market till the completion of investigation under sections 11 and sections 1 ib of sebi act. the assessee clarified that the loss was incurred due to purchase and sale of securities in the normal course of the business, and ..... appeal. thereafter, two additional grounds of appeal have been filed on 20-4-2007 with a request for admission of those grounds. both the additional grounds relate to the appointment of the special auditor under section 142(2a) of the act. in the first additional ground the assessee has objected to the assessing officer not .....

G.V.Matheswaran Vs. the Union of India

Court : Chennai

..... void and ultra vires the provisions of the finance act, 1994 as amended by the finance act, 2007 and finance act, 2008. 36 in view of paragraph no.30 above, upholding the validity of section 65(105)(zzzz) and 65(90-a) of the finance act, 1994, as amended by the finance act, 2010 and section 77 of the finance act, 2010, w.p.nos.24586 and 24588 ..... of 2010 are filed seeking a writ of prohibition prohibiting the respondents from (a) giving effect to the provisions of section 65(90a) read with section 65(105)(zzzz) of the finance act, 1994 as amended by the finance act, 2007 and finance act, 2010 (b) levying or attempting to levy, collect or recover from the petitioner, any service tax under the said ..... .p.no.8932 of 2011 is filed by the tamil nadu slum clearance board, seeking to declare the provision of sub-section 9(a) of section 65 of the finance act, as amended by the finance act, 2007, as invalid and this court is not inclined to go into the same as the said provision is intra vires of the .....

Binani Cement Ltd., Vs. State (Finance) and ors

Court : Rajasthan Jodhpur

..... notices issued against it for assessment year 2005-2006 and 2006-2007 in which demand of approximately rs.64.30 lacs has been raised against the said company manufacturing cement, as a consequence of amendment brought in section 8 of the cst act, 1956 including section 8(5) of the said act by finance act no.20/2002 with effect from 11.5.2002 prohibiting the ..... state government to dispense with requirement of furnishing declaration in form c/d for the dealers to avail concessional rate of cst under section 8(4) of the act. s.b. civil writ ..... by notfn no.f.4(72)fd/gr.iv/81-18 dated 6.5.1986 as amended from time to time (s.no.625).5.section 8 of the cst act as amended by finance actno.20/2002 with effect from 11.5.2002 is also reproduced herein below for ready reference:prior to amendment after amendment8.rates of tax on .....

Sumit Bhatttacharya Vs. Assistant Commissioner of Income

Court : Income Tax Appellate Tribunal ITAT Mumbai

Reported in : (2008)113CTR(Mum.)633

..... specifically invited our attention to the following observations made by the tribunal in the case of infosys technologies ltd. (supra): when section 17(2)(iiia) was introduced by finance act, 1999, w.e.f. 1st april, 2000, the hon'ble finance minister noted as under: in some of the 'sunrise' sectors of the economy, the management is adopting a policy of ..... case of cit v. infosys technologies ltd. (2007) 207 ctr (kar) 620 confirming the tribunal's aforesaid decision.our attention is also invited to tribunal's decision in the case of mpro ltd. vs. dy. cit (2003) 80 ttj (bang) 106. it is pointed out that it was only by the finance act, 1999, that provisions to tax benefit arising ..... finalize this draft order, and grant of tour to one of us for the said purpose, that the members constituting this special bench could finally meet on 10th dec, 2007 to discuss those issues as also deliberate on the proposed draft order. it is in this backdrop that there is a delay in disposal of this appeal, which is .....

Palam JaIn Educational and Welfare Society Vs. Director General of Inc ...

Court : Delhi

..... application." 6. in the said case, supreme court also considered and held that the provisions of section 10(23c)(vi) are analogous to section 10(22) and thereafter explained the effect by enactment of proviso to the new section inserted by finance act (no. 2), 1998 as under:- "the most relevant proviso for deciding this appeal is the ..... june, 2004 and 13th septmeber, 2005 passed by the director general of income tax (exemptions) granting exemption under section 10(23c)(vi) of the act for the years 2002-2003 to 2004- 05 and 2005-06 to 2007-08 respectively, subject to certain conditions mentioned therein. this is admitted and accepted as factually correct by the ..... aforesaid object, namely, the education. the petitioner society had been granted exemption till assessment years 2001-02 and the application for and upto the assessment years 2007-08 were pending. the respondent has denied exemption to the petitioner society merely on suspicion that it may deviate from it in future. the income of .....

Ags Entertainment Private Limited Vs. Union of India

Court : Chennai

..... article 226 of constitution of india praying to issue a writ of declaration, or any other appropriate writ, order or direction under article 226 declaring that section 65(105)(zzzzt) of the finance act, 1994 as amended by finance act, 2010 unconstitutional and ultra vires, article 246 of the constitution of india read with entry 54 of list ii of schedule vii and article 14 ..... the cases of tamil nadu kalyana mandapam association case (2004) 5 scc632 association of leasing and financial services companies case (2011) 2 scc352 all india federation of tax practitioners case (2007) 7 scc527and gujarat ambuja cements limited case (2006) 3 scc1 the learned counsel submitted that the hon'ble supreme court upheld the levy of service tax under entry 97 of .....

Commissioner of Income-tax, Kerala Vs. K. Srinivasan

Court : Supreme Court of India

Reported in : AIR1972SC491; [1972]83ITR346(SC); (1972)4SCC526; [1972]2SCR309

..... tax payable by the assessee on the salary portion of the total income shall be the proportionate amount payable according to the rates provided in the finance act 1963. under section 2 of the finance act 1963 income tax was to be charged at the rates specified in part i of the first schedule-and super tax at the rates specified in ..... contained the rates etc. relating to the surcharge. similar state of affairs existed with regard to finance acts of 1953, 1954, 1957. section 2 of the finance act 1971 is to the effect that the provisions of section 2 and of the first schedule to the finance act 1970 shall apply in relation to income tax for the assessment year or as the case may ..... the super tax was, however, to be increased by a surcharge for the purpose of the union and a special surcharge. it will be noticed that section 2(2) of the finance act 1964 did not contain mention of any of the surcharges. this, led to the controversy which resulted in the reference.4. before the high court the .....

Kanoria Industries Ltd. Vs. Union of India (Uoi)

Court : Karnataka

Reported in : 2005(190)ELT295(Kar)

..... to persons like the petitioners in the earlier existing valid notifications. it is therefore the submission of the learned counsel for the petitioners that section 112 of the finance act, 2000 is unconstitutional.10. one other contention urged on behalf of the petitioners is that the statutory provision also has the effect of ..... legislation by the parliament?8. the main contention urged by sri pramod kathavi learned counsel for the petitioners is that a validating legislation as section 112 of the finance act, 2000 is being described as one, is essentially legislated for the purpose of validating an earlier levy through a statute, a statute ..... could have continued to reap the benefit of modvat credit and the petitioner therefore feeling aggrieved by this endorsement as also the provision of section 112 of the finance act, 2000, has challenged the constitutional validity of this statutory provision and for quashing the consequential endorsement and further direction for restoration of the .....

Merit Enterprises Vs. Dy. Commissioner of Income Tax

Court : Income Tax Appellate Tribunal ITAT Hyderabad

Reported in : (2007)288ITR226(Hyd.)

..... 167b, as the case may be, or the rate or rates of income-tax specified in this behalf in the finance act ..... necessary for reasonably interpreting the unamended provision. the amendment effected to section 40 of the finance act, 1983, by the finance act, 1988, exempting stock-in-trade is only prospective and not ..... finance act of the relevant year, and for the purposes of computation of the "advance tax" payable under chapter xvii-c in a case falling under section 115a or section 115b or section 115bb or section 115e or section 164 or section 164a or section 167b, section 115b or section 164, the rate or rates specified in section 115a or section 115b or section 115bb or section 115e or section 164 or section 164a or section .....